Christie and Jergens formed a partnership with capital contributions of $250,000 and $350,000, each respectively. Their partnership agreement calls for Christie to receive a $55,000 per year salary. Also, each partner is to receive an interest allowance equal to 10% of a partner's beginning capital investments. The remaining Income or loss is to be divided equally. If the net income for the current year is $119,000, then Christie and Jergens's respective shares are: $82,000; $37000. $59, 500; $59, 500. $80,000 $35.000. $29,000: $90,000 $49, 583: $69, 417